765 107Th Street Ocean, Marathon, FL 33050
$2,600,000
Property Type:
Residential
Bedrooms:
6
Baths:
5
Square Footage:
4,212
Lot Size (sq. ft.):
123,161
Status:
Closed
Current Price:
$2,600,000
List Date:
1/19/2018
Last Modified:
9/02/2024
Description
REHAB or REDEVELOP...RARE opportunity to own a 3+ acre direct ocean front parcel in the “Heart of Marathon”. This parcel runs from US #1 all the way to the Atlantic, PLUS .8 acres of deeded bay bottom. Many possibilities for this unique oceanfront parcel from private ocean front estate to redevelopment. Currently zoned as Residential Multi-Family Less Than 10 Units, property has a 2,592 sf 3bd/2ba ocean front home and Tri-Plex (3) 1bd/1ba units allowing for 4 existing building rights. Featuring a deep water boat basin and concrete seawall. Over 200 ft of water frontage with beautiful open water views. US #1 frontage is suitable for re-zoning based on properties on each side already zoned commercial. Hurricane damage from Irma, property is being sold AS IS, seller is not making any repairs.
More Information MLS# 578332
Contract Information
Current Price: $2,600,000
Listing Date: 2018-01-18
Listing Board: Marathon/Lower Keys
Sold Price: $2,600,000
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: No
Location Tax Legal
Street #: 765
Street Name: 107Th Street Ocean
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
County: Monroe
Subdivision: S Marathon Shores (52.5)
Area: 16 - Sombrero Bch Rd to Vaca Cut - Oceanside
General Property Description
Realtor.COM Type: Residential - Single Family
Style: Multi-Units
Waterfront: Yes
Control Depth: 5
Pool: Yes
Year Built: 1958
Total Units: 4
Lot SqFt: 123161
Living Apx SqFt: 4212
SqFt Source: Property Data Card
Total Bedrooms: 6
Full Baths: 5
Total Baths: 5
Rentals Allowed: Yes
Min Rental Days: 7
Status Change Info
Under Contract Date: 2018-09-25
Sold Date: 2018-12-17
Sold Price: $2,600,000
Status: Closed
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Dockage
Dock Length: 130
Dock: Wood
Seawall: Concrete
Building Style
Above Flood: No
Stories: 1 Story
Financial Status
Bank Owned: No
Potential Short Sale: No
Property Features
Fee Includes: None
Tax Exemptions: Homestead
Waterfront: Oceanfront; Open Water
Waterview: Ocean View; Open Water View
Building Style: Ground Level
Vehicle Storage: Garage; Attached; Guest Parking; Off Street Parking; Open Parking; RV Parking Open; Trailer Storage
Furnished: Negotiable
Utilities: Elect Separate Meter; FKAA; Municipal Sewer
Interior Features: Cathedral Ceilings; Dade County Pine; Fireplace(s); Split Bedroom; Storage
Appliances: Dryer; Oven; Range; Refrigerator; Washer
Pool Info: Concrete
Construction: CBS
Land Size: 2 Less Than 5 Acres
Title: Negotiable
City of Marathon Letter 765 107th ›Listing Office: Ocean Sotheby's International
Last Updated: September - 02 - 2024
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